INVX Innovex International PE ratio, current and historical analysis
- Stocks
- Energy
- NYSE: INVX
- PE Ratio
As of Jun 6, 2025, the INVX stock has a PE ratio of 8.51. The calculation is based on the latest EPS of $1.83 and the stock price of $15.57 per share. An increase of 9% has been observed in the PE ratio compared to its average of 7.8 of the last four quarters.
INVX PE ratio history
The mean historical PE ratio of Innovex International over the last ten years is 63.27. The current 8.51 P/E ratio is 87% lower than the historical average. Looking back at the last ten years, INVX's PE ratio peaked in the Dec 2019 quarter at 938.2, with a price of $46.91 and an EPS of $0.05. The Sep 2024 quarter marked the lowest point at 4.72, with a price of $14.68 and an EPS of $3.11.
Innovex International PE ratio by year
Maximum annual increase: 104.3% in 2016
Maximum annual decrease: -49.18% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 4.95 | -49.18% | $13.97 | $2.82 |
| 2023 | 9.74 | -25.82% | $23.27 | $2.39 |
| 2022 | 13.13 | N/A | $27.17 | $2.07 |
| 2021 | N/A | N/A | $19.68 | -$3.63 |
| 2020 | N/A | N/A | $29.62 | -$0.87 |
| 2019 | 938.2 | N/A | $46.91 | $0.05 |
| 2018 | N/A | N/A | $30.03 | -$2.58 |
| 2017 | N/A | N/A | $47.7 | -$2.69 |
| 2016 | 24.21 | 104.3% | $60.05 | $2.48 |
| 2015 | 11.85 | -19.39% | $59.23 | $5 |
| 2014 | 14.7 | -44.11% | $76.73 | $5.22 |
| 2013 | 26.3 | 6.56% | $109.93 | $4.18 |
| 2012 | 24.68 | -10.77% | $73.05 | $2.96 |
| 2011 | 27.66 | -8.53% | $65.82 | $2.38 |
| 2010 | 30.24 | 43.52% | $77.72 | $2.57 |
Innovex International PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 9.81 | 98.18% | $17.96 | $1.83 |
| Dec 2024 | 4.95 | 4.87% | $13.97 | $2.82 |
| Sep 2024 | 4.72 | -59.9% | $14.68 | $3.11 |
| Jun 2024 | 11.77 | -9.6% | $18.6 | $1.58 |
| Mar 2024 | 13.02 | 33.68% | $22.53 | $1.73 |
| Dec 2023 | 9.74 | -3.85% | $23.27 | $2.39 |
| Sep 2023 | 10.13 | 16.17% | $28.17 | $2.78 |
| Jun 2023 | 8.72 | -26.72% | $23.27 | $2.67 |
| Mar 2023 | 11.9 | -9.37% | $28.69 | $2.41 |
| Dec 2022 | 13.13 | N/A | $27.17 | $2.07 |
| Sep 2022 | N/A | N/A | $19.52 | -$1.84 |
| Jun 2022 | N/A | N/A | $25.8 | -$2.54 |
| Mar 2022 | N/A | N/A | $37.35 | -$2.92 |
| Dec 2021 | N/A | N/A | $19.68 | -$3.63 |
| Sep 2021 | N/A | N/A | $25.18 | -$2.14 |
INVX Price vs fair value
INVX average PE ratio chart
The current PE ratio of INVX is lower than its 3, 5 and 10-year averages.
INVX PE vs peers
INVX's PE ratio stands lower than its peer stocks SLB and FTI, but it is higher than NOV's. Innovex International is currently trading at a lower PE ratio (8.51) than its peers average of 16.5.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NOV National Oilwell Varco Inc | 8.41 | $4.74B |
| INVX Innovex International Inc. | 8.51 | $1.07B |
| SLB Schlumberger Limited | 11.37 | $46.07B |
| FTI TechnipFMC plc | 16.85 | $13.63B |
| FTK Flotek Industries Inc | 29.37 | $429.2M |
| OIS Oil States International Inc | 57.75 | $285.83M |
| FET Forum Energy Technologies Inc | N/A | $204.35M |
| NPKI NPK International Inc. | N/A | $711.68M |
| BOLT Bolt Biotherapeutics Inc | N/A | $12.38M |
Frequently asked questions
What is Innovex International's PE ratio?
As of Jun 6, 2025, INVX stock has a price to earnings ratio of 8.51.
What is the 3-year average PE ratio for Innovex International (INVX)?
The 3-year average price to earnings ratio for INVX stock is 9.79.
What is the 5-year average PE ratio for Innovex International (INVX)?
The 5-year average price to earnings ratio for INVX stock is 9.79.
What is the highest PE ratio for INVX?
Over the last ten years, the quarterly PE ratio reached its highest level at 938.2 in the Dec 2019 quarter.
How does the current PE ratio for INVX compare to its historical average?
INVX's current price to earnings ratio is 87% below its 10-year historical average.
Why is Innovex International's PE ratio so low?
INVX's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 8.51 is considered low.
How is INVX's PE ratio calculated (Innovex International PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jun 6, 2025), Innovex International's share price is $15.57. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $1.83. Therefore, Innovex International's PE ratio for today is 8.51. PE RATIO(8.51) = STOCK PRICE($15.57) / TTM EPS($1.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.